A New York Times report revealed Axact’s multimillion-dollar fraud unveiling the company ran a fake education empire that involved paid actors promoting fictitious universities and even fake State Department authentication certifications bearing the signature of John Kerry.

Following the report Interior Minister Chaudhry Nisar directed the Federal Investigation Agency (FIA) to take up the case.

On Tuesday, the FIA raided Axact headquarters in Karachi and the regional offices in the twin-cities of Islamabad and Rawalpindi. Thirty-five employees were detained and several computers and phones confiscated. However, Interior Minister Nisar said no one was detained.

Further, the government directed the Federal Board of Revenue and the Securities & Exchange Commission of Pakistan (SECP) to provide all relevant information on the company to FIA investigators, Nisar told the media on Wednesday. “I ordered the inquiry into the Axact scandal because the credibility of state institutions is being undermined by such reports.”

A seven-member FIA team has been constituted to probe all corporate matters related to Axact, he said. “The FIA team will ensure transparency in the investigation, which will be concluded as soon as possible.”

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